35.10 0.00 (0.00%)
After hours: 4:00PM EDT
|Bid||35.01 x 2200|
|Ask||35.10 x 1100|
|Day's Range||34.86 - 35.77|
|52 Week Range||18.06 - 38.24|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||157.40|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
San Diego-based insurer Palomar Holdings Inc. issued a statement in the wake of the 6.4 magnitude earthquake that hit Searles Valley, Calif. on July 4, the largest in Southern California in the past 20 years. The specialty property insurer said its exposure included 14 residential earthquake policies within a 30-mile radius of the quake's epicenter, 22 total residential policies within a 50-mile radius and no commercial properties within a 50-mile radius. The company said the total insured value of its policies within a 100-mile radius of the epicenter is "considerably less" than its excess of loss insurance. The stock rose 0.5% in afternoon trading, but was down as much as 1.1% earlier in the session. The stock went public on April 17; since the close of its first day, it has rallied 28%, while the SPDR S&P Insurance ETF has climbed 8.3% and the S&P 500 has advanced 3.0%.
Applied Materials was among Friday's few early leaders as stocks skidded lower and Caterpillar and Apple dragged on the Dow Jones industrials.
After pricing on the low end of its initial range, Palomar Holdings Inc. (PLMR) has performed well since going public in April. Palomar Holdings closed at $19.88 on Friday, down 0.60%. Warning! GuruFocus has detected 3 Warning Signs with EGO.
Shares of specialty insurance company Palomar Holdings skyrocketed in its first day of trading on Wednesday. Yahoo Finance talks with CEO Mac Armstrong about the business.
Climate change exacerbates the risk of natural disasters. To prepare for these dire scenarios, catastrophe insurer Palomar Holdings is turning to the public markets . The IPO Palomar will issue more than ...
For a more comprehensive IPO calendar, check out the offering in Benzinga Cloud . The IPO dates below are expected but not confirmed. Brainsway Ltd (BWAY) will issue 2.5 million shares at $11.94 Wednesday ...